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Xenith Bankshares (NASDAQ:XBKS) CEO T. Gaylon Layfield bought 2,500 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were purchased at an average price of $6.44 per share, for a total transaction of $16,100.00. Following the acquisition, the chief executive officer now directly owns 166,000 shares of the company’s stock, valued at approximately $1,069,040. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Xenith Bankshares (NASDAQ:XBKS) opened at 6.391 on Wednesday. Xenith Bankshares has a one year low of $5.50 and a one year high of $6.76. The stock has a 50-day moving average of $6.49 and a 200-day moving average of $6.16. The company has a market cap of $76.9 million and a price-to-earnings ratio of 71.31.

Xenith Bankshares (NASDAQ:XBKS) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.05 by $0.01. Analysts expect that Xenith Bankshares will post $0.15 EPS for the current fiscal year.

Xenith Bankshares, Inc (NASDAQ:XBKS), formerly First Bankshares, Inc, is a bank holding company of Xenith Bank (the Bank).

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